> ## Documentation Index > Fetch the complete documentation index at: https://developer.9squid.com/llms.txt > Use this file to discover all available pages before exploring further. # Onboarding > How to get onboarded as an originator or investor on the 9Squid platform. All users — originators and investors — must be onboarded and verified before accessing deals or the API. This page covers the onboarding process for both roles. *** ## Account Creation Accounts require an **invitation code**. To request access: 1. Visit [www.9squid.ai](https://www.9squid.ai) to register interest 2. 9Squid's business development team will contact you 3. 9Squid reviews all new accounts for asset and counterparty quality before granting access *** ## Originator Onboarding ### Verification Requirements Before listing any deals, originators must complete: 1. **Individual KYC** — government ID, proof of address, sanctions/PEP screening for all admin users 2. **Entity KYB** — beneficial ownership, AML screening, regulatory status for the originating entity 3. **Compliance review** — 9Squid compliance team must approve before deal access is granted ### Originator Onboarding Checklist **Entity and Governance** * Legal entity name, charter number, state/federal charter confirmation * NCUA/state regulator supervisory status (current exam cycle, CAMELS trend) * Board resolution or ALCO approval authorizing 9Squid participation * Minimum two designated 9Squid Originator Admin users * Compliance/BSA and internal audit contacts * W-9 for originating entity **KYB and Compliance Screening** * Beneficial ownership disclosures (for non-CU entities) * AML program summary and BSA officer attestation * OFAC and sanctions screening attestation * Most recent SOC 1/SOC 2 report (if available) * Latest audited financial statements (two years) * Insurance certificates (fidelity bond, E\&O, cyber) **Loan Program and Policy** * Credit policy and underwriting guidelines * Collections and charge-off policy * Loss mitigation and workout procedures * Servicing policy and system of record * Backup servicer designation (or use 9Squid's RTR Financial) **Historical Performance Data** * Static pool data by vintage (minimum 24 months where available) * Delinquency, default, and recovery curves * Prepayment speeds (CPR/ABS) * Loss severities by product and collateral type * Loan-level data dictionary for tape format **Operational Setup** * Servicer-of-record confirmation and data feed setup * Remittance calendar and cutoff conventions * Custody and control account arrangements * Bank account linking for subscriptions and distributions * Wallet linking (for retained residual/tranche) **Legal and Structuring** * Program counsel engagement (default: Katten Muchin Rosenman) * True-sale opinion framework (for term deals) * Form offering memorandum and/or participation agreement template * Transfer restriction framework (144A / Reg D 506(c) / Reg S / intra-CU network) ### Typical Deal Timeline | Program Type | First Deal | Repeat Deal | | -------------------------------- | ----------- | ----------- | | Participation (intra-CU network) | 4–6 weeks | 1–2 weeks | | Private Placement | 6–10 weeks | 2–4 weeks | | Public Rated | 12–16 weeks | 6–8 weeks | Timelines depend on tape quality, rating agency engagement, investor diligence, and closing logistics. 9Squid publishes a deal-specific timeline at kick-off. *** ## Investor Onboarding ### Verification Requirements Every investor must complete: 1. **Individual KYC** — government ID, proof of address, sanctions/PEP screening 2. **Entity KYB** — formation documents, beneficial ownership, control persons, sanctions/PEP screening 3. **Accreditation/qualification verification** — documentary review or written representation from a qualified third party 4. **Tax documentation** — W-9 (US) or W-8BEN / W-8BEN-E / W-8IMY (non-US) 5. **Wallet screening** — on-chain analytics screening of any linked wallet address ### Investor Categories | Category | Basis | Deal Access | | --------------------------------------- | -------------------------------------------------------------------------- | ----------------------------------------- | | Accredited Investor (individual) | $200k/$300k income, \$1M net worth ex-primary residence, or Series 7/65/82 | Reg D 506(b) and 506(c) deals | | Accredited Investor (entity) | \$5M+ in assets, or all equity owners accredited | Reg D 506(b) and 506(c) deals | | Qualified Institutional Buyer (QIB) | \$100M+ in securities owned on discretionary basis | 144A resales and institutional term deals | | Qualified Purchaser (QP) | $5M investments (individual) / $25M discretionary (entity) | 3(c)(7) funds and QP-restricted deals | | Institutional Accredited Investor (IAI) | Banks, insurance cos, registered investment companies, BDCs, SBICs | Broad institutional access | | Non-US Investor (Reg S) | Non-US person, transaction outside US | Reg S offerings | | Corporate/Natural Person Credit Union | NCUA/state permitted investment authority | Intra-CU network deals | ### Documentation Checklist **Individual Investor** * Passport or driver's license * Utility bill or bank statement (within 90 days) * W-9 or W-8BEN * Accreditation evidence (income, net worth, or professional certification) **Entity Investor** * Certificate of formation/incorporation and good standing * Operating agreement, bylaws, or partnership agreement * Authorized signer list and incumbency certificate * Beneficial ownership disclosure (25%+ owners, control persons) * W-9 or W-8 series form * Entity accreditation/QIB/QP evidence (asset statements, auditor letter, or third-party verification) * Side letter or subscription agreement (per deal) ### Eligibility Enforcement Investor eligibility is enforced at three layers: 1. **Webapp gating** — investors cannot request access to deals they don't meet eligibility for 2. **Smart contract enforcement** — the Compliance Registry rejects mints, transfers, and distributions to non-eligible wallets 3. **Transfer agent book-entry** — positions are not recorded unless the receiving investor is cleared for the deal ### Re-verification Accreditation and QIB/QP status is re-verified at least every **12 months** (or earlier if required by a specific deal). This is handled through the 9Squid webapp and normally requires only updated documentation. Changes in investor status (e.g. no longer accredited, change of control) must be reported to [compliance@9squid.com](mailto:compliance@9squid.com). *** ## Team Onboarding Once your organization is approved, Admin users can invite teammates directly from the webapp: 1. Admin assigns **Admin** or **Member** permissions per user 2. Invited teammates complete individual KYC 3. Teammates inherit the organization's approved KYB — no repeat entity verification required **Admin users** can: invite/manage teammates, approve deals/investments, link bank accounts/wallets, access all documents. **Member users** can: view deals, prepare materials, draft offers — but cannot execute or approve without Admin authorization. *** ## Fund Entity Registration Institutional investors managing multiple fund entities can register each under a single Admin account. 9Squid completes entity-level KYB for each fund before enabling subscriptions. *** ## Wallet and Bank Account Linking * **Wallets** are connected once signed in. A new address is linked on first use. Only compliant wallets are permitted to transact in specific deals. * **Bank accounts** are linked by Admin users for subscription funding and distribution payouts. Verification via Plaid or manual micro-deposit. * Fiat settlement occurs via deal escrow at the trustee. On-chain rails are available where configured. *** ## Sandbox Access To build and test against sandbox data before production: Contact [developers@9squid.com](mailto:developers@9squid.com) to request sandbox credentials. The sandbox includes deterministic test data, simulated remittances, and mock investor wallets.